timely to revisit CTM's chart given general weak market sentiment
rough downside supports I see at low .70s, then low .60s, then low .50s
If it dips below .50 and can't hold the placement price then we've got bigger problems than CTM alone
my prediction - in this market environment, at least a 50% chance that it will retest low .60s and tread water. If it hits low .60s then at least a 25% chance it will retest the strong .50 support line and bounce hard
upside resistance at .80 then .90
my prediction - in this market environment, I can see it testing and rejecting .90 on a positive greenfield drill announcement
CTM chart, page-436
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Last
41.5¢ |
Change
0.025(6.41%) |
Mkt cap ! $205.4M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 41.5¢ | 38.5¢ | $359.6K | 927.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 37440 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 24999 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
39.5¢ |
Change
0.025 ( 1.28 %) |
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| Open | High | Low | Volume | ||
| 39.5¢ | 39.5¢ | 38.5¢ | 26888 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| CTM (ASX) Chart |